Commerce

PSO announces Rs 13.2bn profit after tax in nine months

KARACHI (Sarzameen News)- Pakistan State Oil requires nearly Rs 150 billion during the April to June period to fulfill their commitments and clearing dues of international and domestic refineries and it will help reduce the volume of debt owed by the companies. PSO has managed to get additional funds of Rs. 23 billion in the month

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PBSA proposes tax cuts to encourage investment

(Web Desk) – Pakistan Stock Brokers Association (PBSA) has proposed end of double taxation whereby abolishing tax on dividends, bonus and capital value tax as it has been discouraging foreign as well as domestic investment in the Pakistan stock exchange . Pakistan Stock Brokers Association sent budget proposals from the new fiscal year i.e. 2018-19

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Engro Fertilizers “Aam Aadmi Nahin” recognized at PAS Awards 2018

ISLAMABAD (Sarzameen News)- Engro Fertilizer’s campaign Aam Aadmi Nahin has recently been recognized at the PAS Awards 2018–an initiative of Pakistan Advertisers Society– under the category of Agriculture and Related Industry. The award-winning campaign sheds light on the lives of our nation’s farmers, our real heroes who despite facing struggles and hardships showcase immense resilience, and

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Motorcycle production grows 14.15 Pc in 8 months

ISLAMABAD (Sarzameen News)- The motorcycle production increased by 14.15 percent during the first eight years of the current fiscal year as against the same period of last year. As any as 1,865,434 motorcycles were manufactured during July-February (2017-18), against the production of 1,634,210 motorcycles produced during July-February (2016-17), showing growth of 14.15 percent, according to the

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Pakistan Post launches new service in twin cities

ISLAMABAD (Sarzameen News)- Pakistan Post has started a new service for twin cities of Rawalpindi and Islamabad for the delivery of Express Post articles on the day of booking. An official of Pakistan Post told APP that the delivery information will be communicated through SMS. Initially the service will be available in selected areas of twin

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Pakistan’s economy set to surpass last year’s growth rate: SBP report

KARACHI (Sarzameen News)- Pakistan’s economy is set to surpass last year’s growth rate, with continued strong performances by agriculture and services, and a four-year record high large-scale manufacturing growth during the first half of FY18. Inflation and the fiscal deficit were both contained, whereas revenue growth has outpaced last year’s level. Highlight the state of country’s

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Engro Foods Limited launches campaign “Colors of Pakistan

ISLAMABAD (Sarzameen News)- Engro Foods Limited (EFL) is built from the fabric of Pakistan, they launched a campaign Colors of Pakistan revealing their 2nd Coffee table book called Colors of Deosai, this book launch was very well received by the media and the public. It is a sustainability effort of Engro Foods to give back to

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Govt reduces petrol price by Rs2.07 per liter

ISLAMABAD (Web Desk) – After continuous rise in the price of petroleum products for the past several months, the government has reduced petrol price by Rs 2.07 pet liter on Saturday. According to the Ministry of Finance, new price of petrol will be Rs86 per liter. Moreover, diesel price has also been decreased by Rs2

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PTCL organizes Trail 5 -Eco Hike in Islamabad

ISLAMABAD (Sarzameen News)- Pakistan Telecommunications Company Ltd. (PTCL) organized a day-long hiking trip ‘Trail 5- Eco Hike’ for its employees. This initiative was taken to combine physical activity, team building and picking trash along the way on the hiking track for eco-friendly Margallas. This activity was aimed at promoting PTCL’s One Family culture and its initiatives

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OGRA recommends Rs5.26/liter reduction in petroleum prices

ISLAMABAD (Web Desk) – Oil and Gas Regulatory Authority (OGRA) on Friday has recommended to reduce Rs5.26/liter in petroleum prices. According to a summary sent to finance ministry, decrease in Rs 0.65 paisa in the price of high speed diesel, Rs0.13 paisa in kerosene oil and Rs 0.55 paisa in light diesel oil was also

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